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Mike Moffatt
London, Ontario
Recent Activity
I got this notice in our UPS mailbox today. I asked the person behind the counter, and was told that we must immediately change the way mail is addressed to us. Furtermore, he has heard from customers that mail has already been returned to sender, though he had no first... Continue reading
Posted Feb 13, 2014 at Moff-Thoughts
CBSA ATIP A-2013-05811 / LN - Part A of K on the iPod Tax - "All documents or records from January 13, 2013 to present that includes the phrase "iPOD tax". Exclude media monitoring. Include, specifically, Question Period Notes and Blackberry PINs." Part A of K (54 pages) Park B... Continue reading
Posted Jan 19, 2014 at Moff-Thoughts
CBSA ATIP A-2013-05811 / LN - Part A of K on the iPod Tax - "All documents or records from January 13, 2013 to present that includes the phrase "iPOD tax". Exclude media monitoring. Include, specifically, Question Period Notes and Blackberry PINs." Part A of K (54 pages) Park B... Continue reading
Posted Jan 19, 2014 at Moff-Thoughts
My current HBA students are using last year's final exam. Thought I'd share it and to show what I teach here at Ivey. The "3-curve model" mentioned over and over is the fairly standard AD/AS model with AD/SRAS/LRAS curves. March 2013 Professor Mike Moffatt Global Macroeconomics for Managers - 4505... Continue reading
Posted Nov 20, 2013 at Moff-Thoughts
As I once discussed on Worthwhile Canadian Initiative I endorse political candidates from time to time if I believe they are worthy of support. After considering it for a few weeks, I have decided to endorse Chrystia Freeland. Chrystia is a tremendously talented journalist, author and business manager. I am... Continue reading
Posted Nov 20, 2013 at Moff-Thoughts
If you use the Wikipedia boundaries for Southwestern Ontario, the region had a population of nearly 3.5 million people in 2006. I've never particularly cared for any definition of Southwestern Ontario that extends as far as Bruce County, as I feel that the issues that Tobermory faces are substantially different... Continue reading
Posted Nov 17, 2013 at Moff-Thoughts
Adam Radwanski of the Globe and Mail had a number of provocative tweets over the weekend on public discourse by economists and public policy: There is much that is right here and there is much that is well... wrong. Let's start with the latter, ignoring the irony that if there's... Continue reading
Posted Nov 15, 2013 at Moff-Thoughts
I'm following Andrew Leach's example and am working on my Conflict of Interest statement. The most lengthy part will be my political activities section. Here's my first draft. Let me know if you have any questions, as I want to be as transparent about this as possible. --- My political... Continue reading
Posted Nov 3, 2013 at Moff-Thoughts
There seems to be an unusual amount of interest in my rank and title at Ivey, particularly from a member of the Standing Committee on Finance (FINA). In the interest of full disclosure, and taking the lead of my good friend and colleague Andrew Leach, I should clarify my rank... Continue reading
Posted Nov 1, 2013 at Moff-Thoughts
Only one week to go until the big tournament! This year's World Dodgeball Invitational is being held in Queenstown, New Zealand on September 27, 2013. There's a men's tournament and a women's tournament, each of which pits 6 Pacific Rim countries against each other. I'm the head coach of the... Continue reading
Posted Sep 20, 2013 at Moff-Thoughts
This is completely unscientific stuff, but here's the data for how many months each year inflation was below or above the Bank's 1-3 percent target. Just consider this "for fun" - this is completely unsophisticated, there are 1001 factors outside of the BoC's control and given the lag in monetary... Continue reading
Posted Jun 23, 2013 at Moff-Thoughts
Here is what we know about the tariff on hockey helmets. Great work by Glenn Thibeault and his team spotting this one. I missed it entirely (in fact, I suspect I've only caught about 15% of what's in the recent changes to the tariff code). Classification of Hockey Helmets There... Continue reading
Posted Apr 19, 2013 at Moff-Thoughts
The final sentence of Jim Flaherty's piece in today's Globe and Mail: Finally, due to recent confusion, I want to be clear that the changes had no effect on iPods and other music devices and their special and long-standing tariff-free exemption. My question to the Minister (or to the CBSA... Continue reading
Posted Apr 19, 2013 at Moff-Thoughts
The same tariff increases keep getting mentioned over and over. In order to advance the conversation, here are 24 more tariff increases I have not yet blogged about. My favourites are 'coffins' and 'saris'. There may be Section 98/99 exemptions that apply, but I have not seen any for these... Continue reading
Posted Apr 17, 2013 at Moff-Thoughts
Expect higher prices for fishing gear, as the tariffs from goods from 72 countries is going up from 0% to 6-7%. There is a Chapter 99 exemption for "Articles and materials for use in the manufacture or repair of the following to be employed in commercial fishing", but this does... Continue reading
Posted Apr 16, 2013 at Moff-Thoughts
I have investigated some of the tariff changes to firearms that I discovered last night. I am still waiting to find out if there are any Chapter 98 or 99 exemptions that apply to these items for civilians (there are a number in Chapter 98 that would appear to apply... Continue reading
Posted Apr 16, 2013 at Moff-Thoughts
It sure looks like it, though I haven't been able to determine if any Chapter 98/99 exemptions apply. It's certainly worth asking the government if there are any exemptions, or they really are increasing tariffs. Here are the tariff increases I have found for products coming from the 72 countries... Continue reading
Posted Apr 15, 2013 at Moff-Thoughts
I keep getting asked a lot of questions about the tariff code and the recent tariff changes. To make it easier, I've compiled together some basic information. What determines the tariff charged on a good? There are three items that determine the tariff on an imported good: The country of... Continue reading
Posted Apr 13, 2013 at Moff-Thoughts
A story that illustrates everything that's wrong with the tariff code: Suppose you were importing an electric toothbrush into Canada. You could download the nearly 1500 page tariff code and search for "tooth brush" (searching for "toothbrush" wouldn't work - they put a space in there for some reason). There... Continue reading
Posted Apr 12, 2013 at Moff-Thoughts
I'm still trying to figure out all of the 1200+ products which will see tariff increases when 72 countries lose their GPT status and are required to pay the higher MFN rate. There's a Microsoft Access database of the 2013 Custom Tariff available for download at the CBSA website. I'm... Continue reading
Posted Apr 11, 2013 at Moff-Thoughts
I have just learned that Sony has already paid an iPod tax on a number of their Walkman MP3 products including their Sony 2GB Wearable MP3 Player (NWZW262B). These items entered the country under 9948.00.00, but were re-assesed after the fact, as Sony could not produce end use certificates. The... Continue reading
Posted Apr 10, 2013 at Moff-Thoughts
I suspect it is going to be academic very quickly anyway, so I thought I'd let everyone see two of the internal documents I received RE: tariff item 9948.00.00 and consumer electronics. Download CBSA Letter - Televisions Download ATIP - CBSA Continue reading
Posted Apr 9, 2013 at Moff-Thoughts
The upcoming tournament has some unusual rules, which have some important strategic implications. Here are the important "different" rules, in order of importance: A caught ball does NOT allow a player to re-enter. As soon as a ball is successfully blocked it becomes dead. If Player A throws at Player... Continue reading
Posted Feb 21, 2013 at Moff-Thoughts
I was going through some files at my Mom and Dad's and found my report card from Kindergarten. What surprised me was how much of what was said describes me today: Talks a fair bit. Social if chooses but often prefers to be alone. Math geek. Quite clumsy. Got me... Continue reading
Posted Feb 3, 2013 at Moff-Thoughts
Erin Woodgate was more than a deserving winner of the first $1000 Awesome London prize: Woodgate’s idea, called When Was The Last Time You Had Your Photo Taken, will involve her photographing, with the help of hair and makeup artists, residents at local seniors homes and centres. But on the... Continue reading
Posted Jan 29, 2013 at Moff-Thoughts